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Corporacion Aceros Arequipa (LIM:CORAREC1) E10 : S/.0.22 (As of Mar. 2024)


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What is Corporacion Aceros Arequipa E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Corporacion Aceros Arequipa's adjusted earnings per share data for the three months ended in Mar. 2024 was S/.0.056. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is S/.0.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Corporacion Aceros Arequipa's average E10 Growth Rate was -15.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-06-04), Corporacion Aceros Arequipa's current stock price is S/.1.55. Corporacion Aceros Arequipa's E10 for the quarter that ended in Mar. 2024 was S/.0.22. Corporacion Aceros Arequipa's Shiller PE Ratio of today is 7.05.

During the past 13 years, the highest Shiller PE Ratio of Corporacion Aceros Arequipa was 8.86. The lowest was 7.19. And the median was 7.71.


Corporacion Aceros Arequipa E10 Historical Data

The historical data trend for Corporacion Aceros Arequipa's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corporacion Aceros Arequipa E10 Chart

Corporacion Aceros Arequipa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.26 0.22

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.25 0.22 0.22 0.22

Competitive Comparison of Corporacion Aceros Arequipa's E10

For the Steel subindustry, Corporacion Aceros Arequipa's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corporacion Aceros Arequipa's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corporacion Aceros Arequipa's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Corporacion Aceros Arequipa's Shiller PE Ratio falls into.



Corporacion Aceros Arequipa E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Corporacion Aceros Arequipa's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.056/131.7762*131.7762
=0.056

Current CPI (Mar. 2024) = 131.7762.

Corporacion Aceros Arequipa Quarterly Data

per share eps CPI Adj_EPS
201403 0.030 99.695 0.040
201406 0.019 100.560 0.025
201409 -0.002 100.428 -0.003
201412 0.015 99.070 0.020
201503 0.018 99.621 0.024
201506 0.010 100.684 0.013
201509 0.021 100.392 0.028
201512 0.029 99.792 0.038
201603 0.025 100.470 0.033
201606 0.030 101.688 0.039
201609 0.020 101.861 0.026
201612 0.012 101.863 0.016
201703 0.016 102.862 0.020
201706 0.011 103.349 0.014
201709 0.037 104.136 0.047
201712 0.057 104.011 0.072
201803 0.049 105.290 0.061
201806 0.033 106.317 0.041
201809 0.030 106.507 0.037
201812 0.089 105.998 0.111
201903 0.040 107.251 0.049
201906 0.040 108.070 0.049
201909 0.045 108.329 0.055
201912 0.059 108.420 0.072
202003 0.036 108.902 0.044
202006 -0.036 108.767 -0.044
202009 0.077 109.815 0.092
202012 0.093 109.897 0.112
202103 0.181 111.754 0.213
202106 0.157 114.631 0.180
202109 0.227 115.734 0.258
202112 0.094 117.630 0.105
202203 0.089 121.301 0.097
202206 0.084 125.017 0.089
202209 0.041 125.227 0.043
202212 0.010 125.222 0.011
202303 0.032 127.348 0.033
202309 -0.008 129.860 -0.008
202312 0.019 129.419 0.019
202403 0.056 131.776 0.056

Add all the adjusted EPS together and divide 10 will get our e10.


Corporacion Aceros Arequipa  (LIM:CORAREC1) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Corporacion Aceros Arequipa's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.55/0.22
=7.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Corporacion Aceros Arequipa was 8.86. The lowest was 7.19. And the median was 7.71.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Corporacion Aceros Arequipa E10 Related Terms

Thank you for viewing the detailed overview of Corporacion Aceros Arequipa's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Traded in Other Exchanges
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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